ZIRP and QE were terrible mistakes

With US Treasury bills yielding little or nothing and government bond yields plunging everywhere as central banks creep towards a Japanese-style zero interest rate policy (Zirp), there is talk of a government bond bubble. 

But is it possible to have a bubble in the most boring form of IOU?

 John Plender, Financial Times, January 7, 2009

 http://www.internetional.se/bondsnext.htm#plender0901


 Monetary policymakers have run out of room to fight the next crisis with interest rates unable to go lower, the BIS warns
Telegraph 28 June 2015

 http://www.internetional.se/hedgefunds.htm#hellesta


ZIRP and QE were terrible mistakes.

 

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